Monster Sale Chinahr: Unable to sell or close

Beijing News (reporter Liu Xia) Chinahr will be the parent company Monster sale of information recently aroused concern. Yesterday, insiders told reporters that Chinahr has been "my work network" acquisition. Chinahr did not respond positively to the takeover, but confirmed that monster was seeking to sell Chinahr. Monster a net loss of $194.2 million in the third quarter of last year, from Chinahr to $233 million trillion. Monster hopes to reduce operating costs by selling Chinahr. If unable to sell or will be closed 2005 onwards, monster several injections of Chinahr. Monster, who released the third quarterly Bulletin of fiscal year 2012 last November, will seek to sell Chinahr, which had previously spent more than $200 million on acquisitions, and set the deadline for completion of the transaction at the end of the fiscal year. According to media reports, since the sale of the news, Chinahr has not found a suitable buyer. Its price has been low to less than 10 million dollars. The latest news from reporters is that Chinahr has been sold by Monster to another online recruiting company, "My Work Network (myjob)". Yesterday, according to an IT headhunting to the reporter disclosed that Chinahr has been determined by my work network acquisition, but the specific amount of the acquisition is unclear. It is reported that my work network in Beijing and Shanghai Sui and other cities with online recruitment site stations, to provide recruitment services such as job hunting. Not responding to the takeover news yesterday, Chinahr confirmed in a written reply that monster wanted to sell it, but said that "the search for a sale does not mean that Chinahr has been sold, which simply means that monster is actively seeking opportunities to promote better development of Chinahr." "In addition, the written reply said," During this period, Chinahr's business will continue to advance. Chinahr will continue to provide outstanding talent through online platform and campus recruiting platform. Feng Po, senior analyst at the group, said that the pattern of online recruiting sites had changed in recent years, with worry, Zhaopin and Chinahr still ranked in the top three, but the overall share ratio had slipped. (Original title: Monster Sale Chinahr bail out)